Prevent mney mistakes today, and save big bucks tomorrow.
Break the minimum payment habit:
- Reexamine your budget to see if it’s possible to put extra money towards your debt.
- If you can stop using your card, take out a personal loan from a bank or credit union; their rates tend to be lower than credit cards.
- Check your monthly statement, it tells you how much you need to contribute monthly to settle your balance in three years.